In The News

Keppel Corp unit to acquire 10% stake in LNG carrier owner

Singapore KEPPEL Corporation, via its indirect wholly-owned subsidiary, KSI Production, is acquiring a 10 per cent stake in Golar Hilli Corp from Golar GHK Lessors for US$50. The consideration took into account the book value and net tangible asset value of the acquired shares, being US$50 as at September 1, 2014, Keppel said on Friday. KSI Production had entered into a sale and purchase...


PM Lee opens S$950m Jurong Rock Caverns

[SINGAPORE] The Republic is determined to develop the petrochemical industry here despite its land constraints and the potential impact of a United Nations agreement on carbon emissions that is under negotiations. The petrochemical industry provides good jobs for Singaporeans and contributes significantly to the economy, making up a third of manufacturing output, said Prime Minister Lee Hsien...


Rotary Engg wins deals worth S$80m

MAINBOARD-listed Rotary Engineering said on Tuesday it had won several contracts worth a total value of about S$80 million, including one that gave it a foothold in the LNG (liquefied natural gas) space for the first time.Rotary - an engineering, procurement, construction and maintenance services company supporting the oil and gas and petrochemical industry - said it won its first LNG contract...


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Offshore Korea 2014

The 2nd Offshore Korea will be held in Busan, the offshore and shipbuilding city in Korea, from Nov. 12 (Wed) to Nov. 14 (Fri) 2014 .Korea, the largest offshore shipbuilding market and one of the biggest markets for those businesses of the offshore and shipbuilding equipment and materials, has large shipyards with their highest shipbuilding technologies.
 

OSEA 2014 : The 20th International Oil & Gas Industry Exhibition

Asia’s leading business event for the oil and gas industry will return to the Marina Bay Sands Singapore from 2 to 5 December 2014. OSEA brings together industry professionals to tackle pertinent concerns of the oil and gas industry in the region, from the changing market trends and expectations, to new business potential and the running of its daily operations. With 19 successful showings under the belt, the event has evolved to meet the increasing demand for more sophisticated technologies and solutions from companies; anchoring its position as the eminent sourcing and networking platform for today’s industry. Please visit www.osea-asia.com for more information.
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ASPRI Association of Process Industry